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Updated Two-Unit Duplex
For Sale
$280,000

496 Delaware Avenue, Albany, NY 12209

Each residence includes an updated kitchen, full bath, and three bedrooms.

Property Size2,640 SF
Price / SF$106.06
Days on Market12

Property Features for 496 Delaware Avenue

General Information

Standard status Active
Size 2,640 SF
Property subtype Multi-family

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Amenities

front sitting porch
back porch
fenced yard

Building Details

Year Built 1921
Buildings 1
Listing Agency: Gabler Realty LLC
Listed By: Christina A Center
Source: Signatureonerealtygroup
Added: Sep 13 Changed: Sep 23 Last Checked: Sep 24 at 9:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gabler Realty LLC

Investment Insights

Based on property information with market context.

Built in 1921, this two-unit duplex contains 2,640 square feet with a three-bedroom, one-bath layout in each residence. Both kitchens have been updated with newer cabinetry, countertops, tile backsplashes, and appliances, while new plumbing adds to the property’s functional improvements. The building also includes a front sitting porch, rear porch, and fenced yard. The property is offered as-is and may also be acquired as part of a five-property portfolio.

Located at 496 Delaware Avenue in Albany, the property is served by a bus line and is near a theater, library, shopping, dining, and other neighborhood amenities. The two-unit configuration provides separate residential spaces within a single multifamily property.

Key Highlights

  • Two‑unit duplex with 2,640 square feet
  • Each unit offers 3 bedrooms and 1 full bath
  • Updated kitchens with newer cabinets, counters, tile backsplash, and appliances

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Dental Office Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

613
Businesses Nearby

Demographics for 12209, NY

10,231
Population
4,768
Households
2.1
Avg Household Size
37
Median Age
46%
College-Educated
88%
High-School Grad
2.2 sq mi
ZIP Area
4,650
Density / Sq Mi
$81,642
Median Household Income
$51,848
Median Earnings
$1,165
Median Rent
$200,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes an updated kitchen, full bath, and three bedrooms.
Where is this duplex located?
The property is located at 496 Delaware Avenue Albany, NY.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,640 square feet; Each unit offers 3 bedrooms and 1 full bath; Updated kitchens with newer cabinets, counters, tile backsplash, and appliances
More about this property
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